Driving Efficiency Through Digital Change: A Contract Management Case Study

SPEAKERS

Isha Bahal Senior Manager- Supply Chain and Digital Transformation, Cairn (Vedanta)

ABOUT THE SESSION

Isha Bahal, the Senior Manager of Supply Chain and Digital Transformation at Cairn Oil and Gas, is at the forefront of reshaping the industry through digital initiatives. At the Oil & Gas Digital Transformation Conference 2022, she shared her insights on the impact of small changes that can drive significant advancements for organizations. Her session focused on how an Exploration and Production (E&P) organization embraced technology to enhance operational efficiency. By shifting from manual contract management to a digital Contract Lifecycle Management (CLM) tool, the company achieved faster decision-making, improved transparency, and reduced man-hours. Isha highlighted five key pillars for successful transformation: customizing workflows, enabling change management, organizing data, planning for continuity, and shifting organizational skillsets. While the benefits may be difficult to measure quantitatively, the impact has been undeniable across business functions. 
 

Key Topics: 
 

• A journey of an E&P organization to change the way of working and bring in more efficiency, transparency with quicker decision making 
• Moving from manual management of contracts to automation through implementation of Contract Lifecycle Management tool — a new way of working for all major functions in the company 
• Key pillars for organization-wide digital transformation — workflow configuration, change management, data collection and management, continuity planning, shifting skillsets of organization 
• The results are more qualitative than quantitative — at least 50% reduction in major decisions, claims reduction, single source of truth between company and supplier, reduced man-hours spent, and more 

For more on this conference or to access the session, reach out to us at info@ptnevents.com. 

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